With the U.S. economy in the midst of a recession, many businesses have suffered the effects of a significant decrease in consumer spending. Real estate, historically regarded as an exceptionally good investment, has proven to be less than lucrative as home prices continue to fall in most areas of the United States. Houses sit empty in newly constructed neighborhoods and many contractors are struggling to find financial stability. Many construction workers who have previously found steady employment with a professional contractor have also struggled to find any work at all. Many skilled laborers, though highly qualified, find there is little to no demand for construction workers.
While there has been a significant decrease in the number of jobs for construction workers, there is an oddly positive bright side to this downturn. On August 20, Bloomberg news reported that deaths in the workplace fell to their lowest levels in 16 years, down 10 percent in 2008. This can most likely be attributed to the fact that there was noticeably less activity in dangerous fields such as building construction. Indeed, while deaths for construction workers dropped 20 percent from 2007, spending on construction projects fell 5 percent. According to the report, transportation accidents were still responsible for the highest number of work-related deaths.